Key points:
Bitcoin needs to break through $115,000 to confirm upside continuation.
Concerns around the CME futures gap still see a retreat to $110,000 coming first.
Gold hits fresh record highs, but now, traders think that Bitcoin is ready to follow.
Bitcoin (BTC) consolidated gains on Tuesday as new all-time highs for gold focused attention on a BTC copycat move.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
BTC price bound by $115,000 “breakout” level
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $113,000 after the Wall Street open.
The pair had hit $114,842 overnight, marking its highest levels since Sept. 22 and emboldening traders’ BTC price forecasts.
“$BTC is forming a hidden bullish divergence now,” popular trader Cas Abbe told followers in one of his latest posts on X, referring to the relative strength indicator (RSI) on daily timeframes.
“Also, it’s approaching a crucial resistance level around $115K level and a reclaim will confirm the breakout. Keep an eye on it.”BTC/USDT one-day chart with RSI data. Source: Cas Abbe/X
Crypto trader, analyst and entrepreneur Michaël van de Poppe likewise saw upward continuation after what he called a “slight pullback.”
“As you can see, Bitcoin broke through a crucial resistance zone and has a ton of upwards potential,” he reported alongside a chart on the day.
BTC/USDT four-hour chart with RSI data. Source: Michaël van de Poppe/X
Reservations still remained around the weekend “gap” in CME Group’s Bitcoin futures market, which had created a potential downward price target at $110,000.
THE $BTC CME GAP IS SCREAMING.
Bitcoin doesn’t forget unfinished business.
Strong hands load the dip. Weak hands lose it all.
DON’T GET SHAKEN OUT! pic.twitter.com/vTymf6rv4k
— Merlijn The Trader (@MerlijnTrader) September 30, 2025
Traders see Bitcoin all-time highs as gold keeps gaining
The main talking point, however, was Bitcoin versus gold as XAU/USD hit yet another all-time high of $3,871 per ounce.
Related: Watch these three Bitcoin price levels ahead of monthly close: Analyst
XAU/USD one-day chart. Source:…..
